the terrible depression that followed was a direct result of bungling by the federal reserve system. heir monetary policy stifled any hope of economic recovery. worse still, america's depression was to worldwide because what lies behind these doors. this is of all of the federal reserve bank of new york. inside is the largest hoard of gold in the world. because the world was on a gold standard in 1929. these vaults for the us gold was stored provide an excellent test of where the depression originated. if the depression started in europe or somewhere else in the world, the us would have lost gold. more gold would have flown out of the country than came in. if, on the other hand, the started in the united states, well then the opposite would happen. more gold would come in from abroad as the effects of our depression there. then one out abroad. in reality, that is exactly what happened when the international money system was on gold. the rules of game were these. the gold in united states was supposed to control the amount of money issued by the federal reserve. in turn, the amount the

the terrible depression that followed was a direct result of bungling by the federal reserve system. their monetary policy stifled any hope of economic recovery. worse still, america's depression was to worldwide because what lies behind these doors. this is of all of the federal reserve bank of new york. inside is the largest hoard of gold in the world. because the world was on a gold standard in 1929. these vaults for the us gold was stored provide an excellent test of where the depression originated. if the depression started in europe or somewhere else in the world, the us would have lost gold. more gold would have flown out of the country than came in. if, on the other hand, the started in the united states, well then the opposite would happen. more gold would come in from abroad as the effects of our depression there. then one out abroad. in reality, that is exactly what happened when the international money system was on gold. the rules of game were these. the gold in united states was supposed to control the amount of money issued by the federal reserve. in turn, the amount t

large there is no difference, america is ruled by a financial oligarchy . those who own the federal reserve systemint money, they own it, they determine the course of this war, by the way, this can be seen in the middle east, this is obvious. may change, quite possibly, may get worse become, trump is good, he has had six ministers of defense in 4 years, well, actually five, but the expert came twice, a man who brought the whole country into chaos, well, if from the point of view that he will lead the whole country into a mess, maybe, but count on this, you know, we always count on someone doing something for us, trump will create a mess. he brought, he brought the whole country into chaos, but under trump all the main sanctions were introduced, laws were passed and these sanctions were shot when they stopped fighting, wait a minute, be afraid of these fats, these sanctions, yes he led, he passed the law, and volodya, volodya, the economy grew, and by the way, not ours, but their advertising. why are you looking at her all the time? why haven't you heard? the ministry of emergency situations says n

the first serious creation of this community was the us federal reserve system.y. and they were participants in this whole affair. and the head of the fbi and the head of the cia. mi6 is officially funded by the british royal family. they say that a small world is easier to rule. they advertise in every possible way euthanasia for the sick, for the elderly. the usa is already under the rule of satan, that christ is no longer here. opium and then heroin. they do not hide their surname and goals of reducing the excess people on earth and dismembering russia into small principalities. as long as it exists in russia, western hegemony is impossible. the true masters of the dungeon or 300 spartans. dolls of the heir tutti. today is the first one. this is the news on the first we continue: a sleepless night in the cold, now in kazakhstan in almaat there are new tremors, they are weaker than an earthquake, which happened 12 hours ago, then a magnitude of 5.2 was recorded, thousands of people took to the streets, it is reported that there is destruction in the private sec

brainchild, the first serious brainchild of this community of very rich people, was the us federal reserve systemir methods of controlling processes, the first way is financial, that is, creating money in industry , they rose to a higher level than industry assumes, forming the so-called financial capital, that is, on a larger scale than banking capital, than the capital of trading companies of the eighteenth. 19 centuries, that is , it was reaching a completely new level in terms of means, so the fact that some members of this community there can have hundreds of billions of dollars in wealth should not be surprising. but within this system there are, of course, several families, among whom it is necessary to highlight first of all the rockefellers, then the rothschilds, who are leading in this process, in this community, apparently within this communities of 300 are headed by some main decisive structure, which already gives the main orders to the american government and the us federal reserve system. now we will definitely go further and look at the specific families that are there and see and

not a secret. that largely thanks to the rockefellers , the us federal reserve system was created, ande world reserve currency in forty years. in may 1954, the bilderberg club emerged, founded by the foundations of three american billionaires, rockefeller, carnegie and ford. its first meeting took place at the bilderg hotel, in the dutch city of oosterbeg, where 70 people from 12 countries met. political and business circles of europe and the usa. since then, secret meetings have become annual. the club's headquarters are located in new york at the carnegie endowment. one of the main stated goals was to solve the problems associated with the existence of the ussr, as well as the creation of a european superstate with its own central bank and a single currency, under natural us control. many of these tasks have been successfully resolved, among them european integration and the euro area. the club and its members never make official statements following meetings. the last meeting of the club took place in may '23 in lisbon. among its participants were henry kissenger, mark rutte, jens s

that many expect from them, kirby even talked about a magic bag, probably referring to the federal reserve systemd package, we had the money for it, that's all. and in order for us to continue to provide assistance to ukraine, we need approval for additional funds. now every time we sign, one of these packages always passes several days, if not weeks, that is, not everything that was signed. he screams, resists, calls for help, but one against three the chances are small. most likely, this guy, like many others, caught on the street, at home, in a sports club or store, will soon find himself in a trench, and his fate is not enviable, unless, of course, he surrenders. abnormal frosts. residents of several european countries are testing their strength. temperature record set in finland this winter - -42.5°. such frost for finland, despite the fact that it is a northern country, is a serious challenge. dozens of long-distance trains have been cancelled, buses and trams operate intermittently. in neighboring sweden it is even colder, -43.5. it was so cold in the kingdom in january for a quarter of a

the first serious creation of this community was the us federal reserve system.emale technicians must show skill, courage and self-sacrifice, this is the film that you they waited, i think yes, of course, definitely air, because of course it was a dream to work with alexey german, they invited me for a test. then they didn’t call, i thought, probably not, and so i thought with despair, well, here was an opportunity, unfortunately, probably not, look how the formations fly, it means it’s not all in vain, this technology, a completely unique technology, which we experienced, one might say, a pioneer in this matter, my hero does five rotations, a barrel, a man who has claustrophobia, and you are there, impossible, yes, and you this is exactly where you find yourself, when alexey asked how long you could stand it, i understood that the girls were spinning. it was difficult for them, i think, no matter how much you say, we have never had anything like this before, of course, the love podcast today is on the first, what am i looking for, either a brotherhood of stern m

that fell from where, this is not money that is printed by the european central bank or the federal reserve systemhe citizens of the european union and the united states of america, and they should be treated accordingly, and by the way, first of all, it is worth attracting the money of ukrainian ivans and marys, and being able to do it and do it like this so that ivan and maria are happy that they support the ukrainian budget, and for this they should. there should be trust, for this there must be absolutely honest, fair, transparent use of these funds, and until we fully learn how to do this in the country, it will be difficult for us to call the necessary respect from western countries to us, there is , by the way, another story about attracting investment, i haven’t completely understood it yet, there is little information, maybe you know more, it is that the french telecom wanted to enter the ukrainian market, buy lifecell , and the antimonopoly committee saw it. but some violations of the ukrainian e and this is also quite superficially looks a very funny story, because this, by the way, is

rockefeller would look like a beggar, the first serious brainchild of this community was the us federal reserve systemipants in this whole affair. mi6 is officially funded by the british royal family. they say that a small world is easier to rule. the usa is already under the rule of satan, that christ is no longer here, the circulation of apiates is opium, and then heroin, they do not hide their names and goals to reduce the excess people on earth and the dismemberment of russia into small principalities, until exists in russia, western hegemony is impossible, the true masters of the dungeon or 300 spartans. dolls of the heir tutti. today is the first one. mancacher whiskey is a product of the stellar group. well, dear friends, here i am sitting next to the humidifier. this program is to live healthy. and today we have an examination of air humidifiers. in general , it must be said that several years ago we already addressed this topic and talked about our experience of using humidifiers, because the situation as a whole looks like this: moisturizing air is the most important part of human life, espe

shares for a long time... such a rate increase, but it withstood, and with surprise, even the federal reserve systemlogue of the central bank in the united states stated that it’s really surprising that the economy turned out to be strong, it withstood the rate of 5.5%, now we are talking about the fact that there is no recession, why then is oil falling, because the usa is not the whole world, that is, what is happening with oil, and what are your , let's say, conclusions for the twenty-third year, and again i say the forecast for... the fourth year, well, with oil, it’s probably the same, there’s a lot of oil, it’s a fact, you see that a number of countries are forced to limit their production and supplies to international markets to support the price of oil, technologies that have come into the united states, canada, brazil, allow us to get oil cheaply in places where we didn’t even think about it before, well, now about shale production and not only, and deep-sea production and... sand, if we look the united states is about to become virtually self-sufficient in its own oil. the united states, i

world would not withstand such a high rate increase, but it did, with surprise, even the federal reserve system the economy turned out to be strong, it withstood the rate of 5.5 %, now we are talking about the fact that there is no recession, why then is oil falling, because the usa is not the whole world, that is, what is happening with oil and what are your... let's say, conclusions for the twenty-third year , and i say again, forecasts for the twenty -fourth, well, with oil, probably so, there is a lot of oil, it's a fact, you see that a number of countries are forced to limit their production, supplies to international markets, to support the price of oil, the technologies that have come to the united states, to canada, to brazil, allow us to get oil cheaply in places where we had not even thought about it before. if you and i look at the united states, they are about to become almost self-sufficient in their own oil. the united states, if we take almost 13 million barrels a day there, it is generally the largest producer yes, so for a second, let’s say for our audiences that the united sta

the first serious brainchild this community became the us federal reserve system.tan, that christ is no longer here, the trafficking of apiates, opium, and then heroin, they do not hide their names and goals of reducing the excess people on earth and the dismemberment of russia. small principalities, while they exist in russia, western hegemony is impossible, the true masters of the dungeon or 300 spartans. dolls of the heir tutti, today on the first. female pilots and female technicians must show skill, courage and sacrifice. this is the movie you've been waiting for i think yes, of course, definitely air. because of course it was a dream to work with alexey german, they invited me to audition, then they didn’t call, i thought, probably not, and so i thought with despair, well, there was an opportunity, unfortunately, probably not. look how countries fly, it means everything is not in vain, this technology, a completely unique technology that we tested, alexey is a pioneer in this matter, my hero makes five rotations, a barrel, a person who has claustrophobia, and

the federal reserve system of the united states became a serious brainchild of this community, we a ruthless here, the trafficking of apiates, opium, and then heroin, they do not hide their names, goals. the true masters of the dungeon or 300 spartans, dolls of the heir tutti, today on the first, on the eightieth anniversary of complete liberation leningrad from the fascist blockade. the evacuation of theaters began. and we are sitting in our coats, because it is 4-8° in the hall, sometimes there are bombings, but we do not go down, like the artists of the bomb shelter, the performance continues, the premiere, the blockade runa, on saturday at the first. it was a feat, a feat in the name of art. confirm. guess, but most of the fires in our country, especially in rural areas, occur not because the gas is supplied to the house, but because the wiring is bad, so when the gas is supplied to the house, the owner, the people, who supervise the gas equipment, yes, there are responsibilities, they come, you are obliged to open, they are obliged to inspect, there is nothing similar, with electrics th

largest world would not withstand such a high rate increase, but it did, with surprise even the federal reserve systemoil cheaply in places where we didn’t even think about it before, well, now about shale mining or not only, and deep-sea mining, and sands, if we look at it, the united states is about to be practically self-sufficient. its own oil. the united states, if we take almost 13 million barrels a day there, it is generally the largest producer, let's say for our audience that the united states of america is currently one of the three, there is a struggle there all the time, number one is already 13 million barrels you mine the usual ones because the saudis saudi arabia has reduced it and so have we reduced 11 and a half, you and i produce oil along with the bastard condensate , we count, and the americans have another 5 million on top, but this is what is happening, that is , technology does not stand still, and if there is an opportunity to earn money somewhere, it is earned, there is a lot of oil, there is a lot of oil, so to support oil prices, these are two factors, the first, the most im

rockefeller would look like a beggar; the first serious brainchild of this community was the us federal reserve system financed by the british royal family. they say this: it’s easier to rule a small world, they advertise autonasia in every possible way for the sick, for... the usa is already under the rule of satan, that christ is no longer here, the circulation of apiates, opium, and then heroin, they do not hide their names, reduction goals extra people on earth and the dismemberment of russia into small principalities. as long as it exists in russia, western hegemony is impossible, the true masters of the dungeon, or the 300 spartans. dolls of the heir tutti, today on the first. cognac monte chococa is a product of the stellor group. the world is changing before our eyes, to understand it, to imagine what it will be like tomorrow, you just need to look back and take a closer look at the diversity of great human civilizations. the vast majority of whom share the same values ​​as us. china has always been a developed country in the third century ad, in the seventh, in the seventeenth, the standard f

rockefeller would look like a beggar; the first serious brainchild of this community was the us federal reserve systemshest is officially funded by the british royal family. they say that it’s easier to rule a small world, they advertise euthanasia in every possible way for the sick, for the elderly. the usa is already under the rule of satan, that christ is no longer here. trafficking in apiates, opium, and then heroin. they do not hide their surnames and goals of reducing the extra people on earth and dismembering russia into small principalities. as long as russia exists. western hegemony is impossible, the true masters of the dungeon, or 300 spartans, dolls of the heir tutti, today on... rum castro, a product of stellor group. female pilots and female technicians must demonstrate skill, courage and self-sacrifice. this is the film you were waiting for, i think yes, of course , definitely air, because working with alexei german, of course, was a dream, they invited me to audition, then they didn’t call, i thought, probably not, and so on with despair i thought, well, there was an opportunity, unfor

and then they go on to argue that federal reserve system, which was supposed act as a lender of last resort, had not done its job and had therefore let this crisis, the banking sector, spread throughout the whole economy and create decades misery. now, why this is important, that critique of the federal reserve is because it feeds into this larger question about the great depression and about capitalism itself and what friedman and schwartz are implicitly arguing is not. there is a basic flaw in the capitalist system that emerged in the 1930s, rather, they're saying we can understand this as a failure of human and of state management, the economy, and therefore we know a few things we can fix and we need not have erected the large apparatus of policy excuse me, government agencies interventions and government supported the economy. in response to the great depression, they basically say everyone got wrong. so this argument comes out and it's immediately arresting it's immediately read by. policymakers widely reviewed by academics. and it's also very interesting to. one of the politic

, but even if the federal reserve itself does all this the us system, the federal reserve stilly the us national debt has grown by another 47 billion dollars, yes, that is , there are already 34 and 47, and as for the unsecured obligations of the united states, including the obligations of the states, households. pistorius, the minister of defense of the federal republic of germany, echoes him, however, they say that in general we need weapons, not only ukraine. let's listen to him. we hear threats almost every day. recently, to our friends in the baltics, our experts believe that a russian attack is possible within 5-8 years. we must quickly strengthen our defense capabilities due to the urgency of the threat. by helping ukraine, we cannot go to the bank, as some are calling for. otherwise we we ourselves will remain defenseless, so far we have provided everything we could, it should be clear to everyone that if putin wins this war and occupies ukraine, then of course the danger to nato territory will increase. well, it must be said that no one from the kremlin, in any case, wh

federal reserve is the fact that not only is he a really good economist, but he understands markets. that combination of macroeconomic knowledge and market experience is rare in the federal reserve systemh of the jobs report, we have to look at your spirited essay. not the fragility of our banking system, but just the idea of where we are going in 2024 and shoring up the supervision of our banks. are you optimistic we can get that important job done? bill: i think that it is clear based on events that happened last march. they need to be more forceful in forcing banks to remedy problems more quickly. one way i think to do that is to release some of these supervisory findings that are currently secret. if you knew that the supervisory findings would come out with a lag, that would create huge incentives on bank management and banks to keep going to remedy the problems. right now, a lot of these problems are not known by people in the marketplace. i think that makes it easier for the banks to delay and not proceed as quickly as they need to to remedy their problems. jonathan: phil, fantastic column that came out from you earlier this week. i wanted to squeeze one further question in if i

he talked about the federal reserve system and the previous chairman.you will remember this because what happened on wall street and the banks, they started lowering interest rates and they got into quantitative easing of money. they were worried about business failures and they continued that on. i watched the show a few months ago that said this had some affect on causing inflation with some excessive amounts of money pumped into the economy along with what happened with the covid. i would like you to talk about that and see if you agree with that nieces. guest: in the wake of the financial crisis the federal reserve bailed out the banks. the notion being if the big banks collapsed, and we had lehman brothers collapsed which was not really a bank but it was involved in mortgage lending and so forth indirectly by buying mortgage-backed securities. we bailed out general motors because we thought the economy could take that hit. to do that they printed money. we did not get a lot of inflation because the economy was tumbling down. we did not have the pro

he talked about the federal reserve system and the previous chairman. will remember this because what happened on wall street and the banks, they started lowering interest rates and they got into quantitative easing of money. they were worried about business failures and they continued that on. i watched the show a few months ago that said this had some affect on causing inflation with some excessive amounts of money pumped into the economy along with what happened with the covid. i would like you to talk about that and see if you agree with that nieces. guest: in the wake of the financial crisis the federal reserve bailed out the banks. the notion being if the big banks collapsed, and we had lehman brothers collapsed which was not really a bank but it was involved in mortgage lending and so forth indirectly by buying mortgage-backed securities. we bailed out general motors because we thought the economy could take that hit. to do that they printed money. we did not get a lot of inflation because the economy was tumbling down. we did not have the proble

the first serious creation of this community was the us federal reserve system.eat human civilizations, the vast majority of which share the same values ​​as us. china has always been a developed country, and in the third century ad, in the seventh and seventeenth, the standard for china's development is a powerful, well-developed... economy. india is indeed on the one hand it is moving forward by leaps and bounds and developing advanced technologies, such as digitalization and the space industry. on the other hand, the country is striving to return to its roots. it is not that islamic civilization does not deny the achievements of other cultures and civilizations; on the contrary, it actively draws it into itself. almost all states understand the importance that africa will play in the 20th century. when the europeans thought they were discovering america, america was inhabited by people who were no worse than the spanish crooks and bandits, without the colonial wisdom of modern western europe simply. “we are the last ones left, if we weaken , if ours is destroy

thanks to the russian state, this is the government of the russian federation, the metros of russia, the system of national park reservesty forces that acted with one fist in the fight against poaching, go, go, don’t look back as you do you call tigers affectionately? well, it’s hard to call it a gentle, affectionate animal - it’s an animal that commands respect, for example, a tiger physiologically cannot tuck its tail, and accordingly, here’s a bear, despite the fact that he is single it’s not big enough, he can tighten it up out of fear, and an animal with a tight grip... this is how we saw the situation with the smuggling of derivatives, it was. our investigation from the primorsky region, the conclusions of the case are only for you, see you on the russia 24 tv channel . and let's start with the news from the donetsk republic: 13 people were killed, at least 10 were wounded in the shelling. the ukrainian armed forces of the city of donetsk, as reported by the head of the dpr denis pushilin, the ukrainian military hit the market in the kirov region. on sunday, when it was especially crowded. one of the hits was in a

a lot of the need for the integrity is because our fed, the federal reserve has a pretty bad job recently ofanility of ts a systemmeasurement. so, when we think of the dollar normally in order to have a stable great economy, or it to be the standard all around the world it is important that the dollar on day to day it should mean about the same thing. instead, our federal monetary policy right now means the head of the federal reserve can change it on a day-to-day basis. every few -- make every few weeks they announce the interest rate so they can change how much our money is worth. and they do that in their attempt to battle inflation. and they do it based on how much we are earning. so when we feel like we are noty but everything is costing more and more it's because the federal reserve is literally federal reserve to make us earn the same amount of money because that is how they judge their inflation rates it. so vivek would change the whole purpose of the federal reserve he would get a chairman who would agree with him that the goal of the federal reserve should be stability of the united states dollar as a u

the endgame proposal in july by the federal reserve is more appropriately recognizing of the financial system in switzerland. mr. appleton do you care to comment on how the excesses of back the housing market?ar fix chair, thank you for the question for you are exactly right the bottle three endgame also recognized our market and mortgage risk on top of it. for the most significant failures as a lack of credit for private mortgage insurance and the strength and resilience in the system. which stands as a stark contrast loss absorbent benefits. at the e end of the day basel three endgame with the access credit from commercial banks, directly or indirectly backed by the federaldi government. >> thank you for the answer. i know one of the concerns i have the does not seem to be a cost analysis done on this. we talked to the regulators and not contacted your entity and what cost should anticipate private mortgage insurance adopted enhancement since the melast round of bank capitol regulations were implemented. those regulations actually recognize the insurance. we can hit the industry with robust

system national community travel to. contact number 09629. nasreen bikpour radio news agency. the price of gold experienced a downward trend in recent weeks. experts believe that the withdrawal of the federal reserve on the reduction of interest rates was the main reason for the decline in the price of this metal in the past weeks. the price of gold has increased slightly in recent days. although the price in the past weeks. this metal experienced a declining trend. experts believe that gold posted its biggest weekly decline in six weeks after the federal reserve pulled back against expectations for an interest rate cut. in fact, during the last decision made by the federal reserve, he said that i want it i will keep the interest rate constant in the next 6 months and i do not decide to reduce the interest rate, this is the reason why the growth of gold will not be so high. pre-analysts. they predict that if the interest rate of the federal reserve decreases, the price of gold will increase in the coming months. if you compare the economic growth of 2024 with 2023, you will see that this growth is negative. this negative growth causes the money that goes to the stock market to be less , and if the

federal reserve. as a fed chair you can focus on the economy and it's not small by any stretch of the imagination but[l the economy supervision in the payment systemeasury, we have a thousand people who are working on money laundering, addressing the illicit financial through terrorism and sanctions against maligned actors around the globe. we have responsibilities for international economic relationships with countries all over the world. we were given responsibilities to actually conduct over at trillionollars in programs that were part of the american rescue plan with over state and local governments to a program that's been allocating funding all over the country for access to the internet and they've been running those programs and we have been entrusted to ride -- wright all that tax rules with a vast array of clean energy credits and the inflation reduction act and then when we have a little extra time we are working on trying to make sure the internal revenue service is restored to the level of effectiveness and support of americans with respect to customer service and access to benefits. so there's a lot to do but the one thing i will say

system. sunday >> steve. thank you. the federal reserve is expected to keep interest rates at their current level.ext on the nine. why the pause as the inflation rate continues to decline? >> new details on the fight to keep a south bay swim nt ke it open growing up, my parents wanted me to become a doctor or an engineer. those are good careers! but i chose a different path. first, as mayor and then in the legislature. i enshrined abortion rights in our california constitution. in the face of trump, i strengthened hate crime laws and lowered the costs for the middle class. now i'm running to bring the fight to congress. you were always stubborn. and on that note, i'm evan low, and i approve this message. month due to maintenance and safety issues, city officials say. after nearly 60 years, the facility is outdated and needs to be restored. members of the santa clara swim club say the closure is hampering training for upcoming olympic tryouts. >> we don't really know where our practice will be next, so nd it's a bit overwhelming. >>, that temporary pool that that we could use in the short time whil

the need for the integrity is because our fed, the federal reserve has a pretty bad job recently of managing the stability of the u.s. dollar as a systemof measurement. so, when we think of the dollar normally in order to have a stable great economy, or it to be the standard all around the world it is important that the dollar on day to day it should mean about the same thing. instead, our federal monetary policy right now means the head of the federal reserve can change it on a day-to-day basis. every few years -- make every few weeks they announce the interest rate so they can change how much our money is worth. and they do that in their attempt to battle inflation. and they do it based on how much we are earning. so when we feel like we are not making money, making more money but everything is costing more and more it's because the federal reserve is literally a mink that's the goal of the federal reserve to make us earn the same amount of money because that is how they judge their inflation rates it. so vivek would change the whole purpose of the federal reserve he would get a chairman who would agree with him that the goal of the

federal reserve. that as fed chair, you can focus on the economy, not amall thing by any stretch of the imaginion. [laughter] but the economy, bent supervision, and the payment system the treasury, we have 1000 people who are working on money laundering, addressing illicit financial fls that support terrorism and sanctionsgainst malign actors around the gbe. we have reonsibilities for our international economic relationships with countries all over the world. we were given responsibilities to actually conduct over $1 trillion of programs as part of the american rescue plan from billion llar program of support fo state and lal governments, to a program that s been allocating funding all over the country for access to e internet. so we have been running those prrams. we have been entrusted to write all the tax rules pertaining to the vast array of clean energy credit in the inflation reduction act. then we have a little extra time -- aughter] -- we are working on trying to make sure that the internal revenue service is restored to thlevel of effectiveness and support of americans with respect to cusmer service and access to benefits that i think all of us should want

system, our stores to do a better job, better service our customers. guy: let's think about the wider picture. tony, if you were talking to the federal reserveow, would you see this economy needs a red coat? alix: i literally wrote down the same question, which i find be scary. >> my opinion, my two cents, rate cuts are absolutely on the menu for 2024. alix: what would your business -- say we get them, how does that change what you're doing? >> it makes businesses more effective in their ability to grow. thinking about investments and growing our business, growing through investment capital, m&a stop it must becomes easier when the rates are right. -- m&a. it almost becomes easier when the rates are right. i think the time is right. guy: great to catch up. thank you for stopping by, tony sarsam, ceo of spartannash. coming up, what is happening with issues surrounding bowing, alaska, united finding lose goals --loose bulls and projects. we will talk more about 737 max next. this is "bloomberg." ♪ it's an amazing thing when you show generosity of spirit to someone. and you want people to be saved and to have a better life, then you don't stop.

proposed by the federal reserve is even more and diverges not by recognizing our american financial system what was developed by bureaucrats in s comment on how the excess of the impact of the housing market? >> thank you for the question you are exactly right it fails to recognize our market and has excessive mortgage risk rates on top of it. failures is a lack of credit for private mortgage insurance and strength and resilience of our system in contrast to . limit to access credit from commercial banks depriving them of the options and shifting businesses to loans directly or indirectly backed by the federal governme >> thank you for answering them. seems to be no cost-benefit analysis. we talk to regulars who oppose this they will a i assume they have not contacted your entity, your association and what kind of cost you anticipate. >> quick snow, infected adopted a number of enhancements in the last round of bank capitol regulations were implemented. those relations recognizedul by this and we have enhanced the industry with robust capitol operational standard. at the sameimdit forde it

system failed to switch the train to the correct track. the incident is still being investigated by state and federal officials. bart has updated its reservedking prices at 8 stations. glen park millbrae and west oakland stations are charging about a dollar more while prices at bayfair the coliseum, hayward, richmond and warm springs are actually falling by about $2. >> season is in full swing. the press got their picks last week at the golden globes and now it's the critics turn at the critics choice awards. and this year you can watch them right here on kron 4 comedian chelsea handler is once again set to host and she gives us a preview. >> welcome your host chelsea handler. >> the nominees have nothing to worry about. as i said last year, i'll say it again this year. the night is going to be about positive vibes. we'll have a good time. we're going to drink. we're going to hand out some awards. find out who still on those problem. i don't get nervous when performing in front of celebrities. i do what everybody does, which the trick is just picture everyone naked, which and barry keoghan's case will be easy because i've seen so far. yeah,

federal reserve. look at this money. these are trillions and trillions and trillions of dollars that comes cascading, flooding into the economy. the money goes into our supply system and guess what? it comes out as the m2. and it is absolutely amazing because this money ultimately makes its way into the stock market. it ultimately makes its way into corporate balance sheets, income statement. usually ultimately makes its way to the bank accounts of top people in the stock market and who are they? well, give you an example. first of all i want to point something out to you. let's say there wasn't any m2. that the government wasn't just printing money all the time, artificial money, that the federal government wasn't printing it, the federal reserve wasn't printing it. let's take that out of the equation. where do you think the stock market would be without that money? we still would be below the 1929 high. that's, that's how influential it is, right? i mean it is absolutely crazy. i just want you to think about that. yeah, they're putting all this money out there but ultimately it's really not to benefit you or i per se unless we're participating in the market. tha

system we'll be long housing again. charles: you know, kip, it is odd, essentially what we're really doing, we're watching and rooting for financial engineering mostly by the federal reservee day. it seems kind of nuts. you talk about 1995. back in the day it was mostly fundamentals. feels like fundamentals are out the window. it is about the engineering. you wrote a great book, the big bride book on this very topic. is this something we'll have to learn about? >> now, we heard for a long time, don't fight the tape, don't fight the fed. folks that is where we are. it is reality. you don't have to look it. our job is to make money. fill money for retirements. that is what our job is. to beat inflation, that is what our job is. we have to go where the action is. this is where the action is. the difference, charles, i think the 1995 to 2000 melt-up, those companies didn't have financial backing of the kind of size and scope today, right? the difference today financial engineer something not just happening at the federal reserve, its happening throughout society. it is happening throughout society. i think people, if you read our book you understand this better. this will be

thinking about the plumbing of the financial system so that people can send things cheaply and safely, and i think that requires the attention of us, the federal reserve board, and many others. >> i have a question about block chain and stable quite, in the context of remittances. block chain can enable real- time transactions. stable coin can digitize the dollar. do you believe that the combination of block chain and stable coin, if properly regulated, has the potential to play a role in creating a better, cheaper, and faster remittance system? >> yeah, we've seen that, actually, some digital apps, and other products, have been able to actually help people send money to a family member who is in a very remote area. they may not actually live near a bank or a place that has a remittance provider, and are sometimes able to use that in ways that really kind of bridge so much divide. now, on the underlying technology, obviously it's complicated. we want to make sure that it is well regulated, that there's not fraud, that people have a fair sense of what it is, but i'm totally open to working with all of you as you think through that. >> you know, much ha